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Billionaire Jim Ratcliffe pledges to run tight North Sea ship

By Erikka Askeland
Jim Ratcliffe, chairman of Ineos speaks during a press conference in London (AP)
Jim Ratcliffe, chairman of Ineos speaks during a press conference in London (AP)

Billionaire industrialist Jim Ratcliffe has pledged to drive out the inefficiency of his new North Sea assets – and has set up a new subsidiary to hunt for even more opportunities.

The owner of Ineos, a Swiss-based chemicals giant that controls the refinery and petrochemical complex at Grangemouth, made a surprise move upstream with the acquisition of North Sea gas assets last year.

Read the full article on our sister website Energy Voice.